Eligible spend
5 per ₹100 on eligible spend
AXIS VISA
Privilege
Card summary
Annual fee ₹1,500 per year
Rewards 5 EDGE Reward Points / ₹100
Lounge access 2 per quarter · ₹50,000 spend in the previous 3 calendar months
Forex markup 3.5% high
Compare with ICICI Bank Rubyx American Express →
Similar lounge profile
What it costs to get, and to keep
Joining vs renewalFirst year
₹1,500joining fee
From year 2
₹1,500renewal fee
Waived above ₹5,00,000 eligible annual spend
Welcome offer
12,500 EDGE Reward Points on activation (worth ₹2,500 vouchers)
12,500 EDGE Reward Points worth ₹2,500 redeemable against vouchers
Qualification and fulfilment conditions apply
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend5 EDGE Reward Points / ₹100Credited as reward pointsDoes not earn on Not stated
- education
- emi
- fuel
- govt
- insurance
- rent
- utility
Redemption value
What an EDGE Reward Point is worth
- Catalogue₹0.2 / pt
- Travel₹0.2 / pt
When does this card pay for itself?
Rewards break-even estimate ₹1.5L
Conservative yearly spend needed at the ₹0.20-per-point ranking floor.
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getVerified value
₹0.2 per point
Travel
No reward on
- Rent
- Education
- Government payments
- Fuel
- +3 more
Realisation
Credited as reward points
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹5,00,000yearAnnual fee waiver
Domestic lounge spend gate₹50,000quarterLounge eligibility
Milestone spend₹2,50,000yearMilestone benefit
Watch outs
Before choosing this card- Forex markup is 3.5%, so frequent international spends may be costly.
- Fee waiver requires spend above ₹5,00,000 annually.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Up to ~2,500 EDGE Reward Points/month if the entire spend qualifies for base earn · uses base/general earn rate. Excluded transactions earn less.
- Worth ~₹500 at the conservative redemption floor
- Fee waiver achievable at this spend
- Forex cost ~₹1,750 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- 2 per quarter — via Mastercard lounge programme · verified 6 Jul 2026 Condition: ₹50,000 spend in the previous 3 calendar months
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- PaisaBazaar
- BankBazaar
- Axis official page
- Operator-verified anchor
- International (cardholder)
- Not included on base card No international lounge access.
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- PaisaBazaar
- BankBazaar
- Axis official page
- Operator-verified anchor
Rewards
- Points per ₹100
- 5 per ₹100 value depends on redemption
- Effective return (honest floor)
- ~1% base (conservative redemption) Conservative redemption floor; best documented path is not ranked on.
- Headline point value
- ₹0.20 per (Travel) Issuer headline channel — full channel grid in Redemption value.
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹1,500
- Joining fee
- ₹1,500 · verified 3 Sept 2026
- Fee waiver spend
- Above ₹5,00,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹5,00,000.
- Interest-free period
- Up to 50 days · verified 7 Jul 2026
- Late-payment charge
- ₹750–₹1,300 depending on outstanding balance Exact charge depends on your outstanding balance per issuer tiers.
International Use
- Forex markup
- 3.5%
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- Axis official page
- BankBazaar
- Operator-verified anchor
- Issuer site (verify current terms) , opens external site
- Product tier
- Mid-tier
Travel & perks
Spend milestones
Progression rewards- ₹2.5L spend → 10,000 EDGE Reward Points≈ ₹2,000 value
Fuel Benefits
At the pump- 1% fuel surcharge waived on transactions ₹400–₹4,000.
- Maximum waiver ₹400 per month.
- Fuel transactions do not earn reward points.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshExclusions: 7
These spends do not earn reward points.
Payments
- Rent
- Education
- Government payments
Financial
- Fuel
- Insurance premiums
- EMI
Utilities
- Utilities
Latest update
- Annual fee: ₹1,500.
- Forex markup currently listed at 3.5%.
- 2 per quarter domestic lounge · ₹50,000 spend in the previous 3 calendar months.
Common questions
From verified card factsIs this good for lounge access?
2 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 3.5%, so frequent international spends may be costly.
Is the annual fee easy to recover?
Fee waiver applies above ₹5,00,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
12,500 EDGE Reward Points on activation (worth ₹2,500 vouchers). Included items: 12,500 EDGE Reward Points worth ₹2,500 redeemable against vouchers (12,500 pts) — Upon levy of joining fees and first transaction within 30 days of issuance; free cards / first-year free / priority segment not eligible. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.
Learn more
Guides matched to this card — not a random syllabus.
- EDGE Rewards
Miles vs points under one programme - How reward rate works
Pts / ₹100 without the marketing fog - Billing cycle
Statement date vs due date, clearly